Room101 Cigars Acquired by Scandinavian Tobacco Group

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1522

Room101 first entered into the premium tobacco space in 2009. Booth himself is attributed as one of the disruptors and pioneers in the boutique cigar market. The Room101 portfolio includes Payback, 10th Anniversary, Doomsayer, Farce, Hit and Run, and The T. Additional information on Room101 can be found at room101cigars.com.

Going forward, Room101 will be represented exclusively by STG’s Forged Cigar Company. In a press release, STG noted that Room101 Cigars “complements STG’s handmade cigar portfolio which features a stable of heritage and boutique brands.” The transaction was completed on June 10, 2022. Terms of the deal are not being disclosed.

“Our acquisition of Room101 Cigars represents our willingness to invest in brands with strong growth potential, and we will continue to explore opportunities to expand our market-leading portfolio,” Broersma concluded.

For all the latest news from Scandinavian Tobacco Group, visit st-group.com.